Job ID: 1236

Would you like to work with the development of Nordea’s credit processes and solutions in Group Credit Management? We are now looking for a Recovery and Loss Data Expert in an exciting position combining regulatory and modelling aspects with credit processes and credit data. You will be working in a team responsible for the automated collection of recovery data for all types of customers and will be reporting to the head of Recovery and Loss Data.

About our team

Welcome to the Recovery and Loss Data team in Group Credit Management. We are the owner of the recovery and loss data solution for Nordea and drive the development projects in this area. We work closely with our stakeholders and development units in the business areas, regulatory and modelling teams, and our IT partners in this space

Collaboration. Ownership. Passion. Courage. These are the values that guide us in how we work and how we make decisions – and that we imagine you share with us.  

Main responsibilities in this role: 

• Take responsibility for the interpretation of regulatory and modelling requirements on loss data and drive the implementation in development projects.
• Actively drive the process to identify solutions on the automated collection of recovery data.
• Use your business knowledge and analytical skills to deliver on objectives.
• Be self-going and develop good relationships and alignment with your team members and stakeholders in Group Credit Management, Business Areas, Risk Models and with Technology.
• Build up specific competence on processes and applications in the high risk customer area.

Who you are

This is the right role for you if you: 

• Have hands on experience from working with model development, or development projects preferably in the area of credit processes or credit data in banks.
• Build up and maintain expertise of Nordea’s credit risk agenda; including the understanding of relevant accounting principles, regulatory requirements, systems and data flows.
• Take on responsibility for the job, colleagues, and the value chain working as one team to make a difference.
• Execute planned tasks in order to ensure that targets are met and be able to share experience from execution with colleagues.
• Are flexible within your own role to support the achievements of team results.
• Are self-going with own contribution in the value chain by acting with the customers in mind in all processes to create great customer experiences.
• Create valid decision making proposals to superior, suggesting a solution to a new concrete issue by applying analytical and creative thinking.
• Contribute actively to competence building within own team to support the further development of common skills in the team.

Your background and skills include: 

• At least 3–5 years of experience in a function where you gained:
  
  • Superior knowledge or experience of the development of LGD models including regulatory requirements in this area (e.g. EBA guidelines, EGIM and CRR).
  • Understanding of credit processes for household as well as corporate customers, especially high risk credit management (as debt collection or reconstruction).
  • Hands on experience in working with data and preferably coding skills as Python.
• Experience in working with ECB as regulator.
• Senior driver of business requirements and implementation of change.
• Strong communication capacity: comfortable initiating and driving meetings with stakeholders.
• Ability to quickly learn and develop an understanding, interest and passion for banking and credits.
• High level of energy and engagement with an ability to work in a fast-paced environment, with tight deadlines.
• A natural “can do” attitude and a high level of curiosity to find solutions.
• Fluency in English at professional level.

What we offer

People come here when they want to get somewhere. For some, it’s to take their career to the next level. For others, it’s to break new ground within their area of expertise – in other words, with us, you will always move forward.

A culture that fosters performance and growth in one of the largest Nordic banks, offering various opportunities to evolve, develop and learn from brilliant colleagues with diverse backgrounds in a vibrant working environment.

Hybrid working model – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.

Diversity and inclusion are a natural part of our daily work. We know that an inclusive workplace is a sustainable one. We genuinely believe that our diverse backgrounds, experiences, characteristics and traits make us stronger together. Every day we strive to find new ways to improve diversity and inclusion within our community e.g. we have signed the European Diversity Charters in the countries where we operate to show our commitment and engage with others to continue learning and improving.

If this sounds like you, get in touch!

Next steps

Submit your application no later than 19/02/2026. We will continuously invite relevant candidates for interviews.

The recruitment process consists of the following steps:

• Preliminary CV selection
• Phone conversation with the recruiter
• Online interviews with the hiring leader and other stakeholders
• Background check

We enable dreams and aspirations for a greater good.

We build relationships. We add a personal touch to everything we do – when advising our customers, collaborating with colleagues, and meeting our potential candidates.

We learn and develop. We take pride in being experts and thinking ahead. We use our expertise to meet our customers’ needs, from the simplest to the most complex. We bring a growth mindset to our work that enables us to focus on a broader perspective in our daily challenges.

We lead change. We are responsible and aware of the impact of our decisions, both for our customers and for our local and global communities. Mindful of our responsibility towards current and future generations, we have made sustainability an integrated part of our business strategy.

We are Nordea. We have a 200-year history of supporting and growing the Nordic economies and our values are deeply rooted in these open, progressive and collaborative societies. As one of the biggest employers in the Nordics, Poland and Estonia, you have excellent opportunities to evolve, develop and move forward with us.

Only for candidates in Finland: A security clearance will be performed for the person selected for this position.

Only for candidates in Sweden: For union information, please contact [email protected] or [email protected].